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8 Second Degrees & Certificate Programs Eligibility Limited to Initial Degree or Credential Second Bachelor’s – Ineligible Second Credential – Ineligible Second Master’s or Doctorate – Ineligible Bachelor’s then Credential – Eligible for both Credential then Master’s – Eligible for both Applies to completion of degree at CSULB or any other Institution Stand-Alone Certificate Students: Not Eligible for SUG

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12 Other Aid Program Changes New Direct Stafford Loan Interest Rates - Effective Fall 2013 Undergraduate Subsidized: 3.86% (up from 3.4%) Graduate Unsubsidized: 5.41% (down from 6.8%) Parent Unsubsidized: 6.4% (down from 7.9%) Will adjust annually based upon 10-year Treasury Bill rate California Middle Class Scholarship – Effective Fall 2014 Designed for CA Residents with Household Income up to $150,000 Will cover up 40% of CSULB Tuition if not covered by other programs Will be phased in over several years.